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Business, 14.04.2020 21:53 Enjay4198

When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will go elsewhere. b. buyers will pay the higher price in the short run. c. competitors will also raise their prices.

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When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will g...

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